Borqs Technologies, Inc.

Borqs Technologies, Inc.

BRQSW
Borqs Technologies, Inc.US flagOther OTC
0.02
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Full Time Employees
307
Sector
Technology
Industry
Software - Application
Address
Dongfeng KASO Beijing People's Republic of China 100016
Website
borqs.com
Business
Borqs Technologies, Inc. (BRQSW) develops and provides customizable Android-based smart connected devices, embedded software platforms, and cloud service solutions for the Internet of Things (IoT), 5G wireless applications, and clean energy sectors; its core offerings include end-to-end wireless product solutions such as rugged industrial handsets, push-to-talk phones, tablets, smartwatches, wearables, in-vehicle infotainment systems, point-of-sale terminals, digital signage, and energy storage systems (ESS). The company serves enterprise and consumer markets across telecommunications, automotive, healthcare, hospitality, utilities, mining, public safety, and smart cities, with specialized vertical implementations leveraging its proprietary Android enhancements and intellectual property portfolio of over 130 granted patents. Founded in 2007 and headquartered in Santa Clara, California, with research and development centers in the United States, China, India, and Hawaii, Borqs operates globally and went public on Nasdaq in 2017 under the symbol BRQS. In 2021, Borqs expanded vertically into clean energy by acquiring Holu Hou Energy LLC (HHE), a solar and ESS provider targeting multi-dwelling units, single-family residences, and commercial properties in Hawaii. Most recently, in April 2025, Sasken Technologies completed its acquisition of Borqs' ODM and software services business, originally announced in November 2024, for up to $40 million including performance-based earnouts tied to 2024 and 2025 results; this transaction enables Borqs to pivot toward next-generation AI and blockchain software and services while achieving a debt-free capital structure, with ongoing collaboration leveraging Sasken's silicon design capabilities. Previously, Borqs raised $16 million in funding led by TDR Capital to expand its solar and ESS operations.